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From State Park to National Jewel: The Story of the Esperanza Diamond

The 'Esperanza' Diamond (Lot 507, Estimate: $100,000-150,000)

The ‘Esperanza’ Diamond (Lot 507, Estimate: $100,000-150,000)

In 2015, Bobbie Oskarson of Longmont Colorado visited the Crater of Diamonds State Park in Murfreesboro, Arkansas. For an $8 fee, visitors are allowed to dig for diamonds in the “Pig Pen,” a 37-acre field which gets its name from the all the mud created after a rainfall.  She and her boyfriend visited the park on a whim.  It was a hot and sunny day, and within twenty minutes of her arrival, Oskarson was in search of some shade. There, she saw something glistening and thought at first that it was a quartz crystal. Instead, she found a large rough diamond weighing 8.52 carats. It is the fifth largest diamond ever discovered in the park since its opening in 1972. Oskarson named her find “Esperanza” after her niece. It is no coincidence the name is Spanish for hope!

In the next year, the diamond rough was cut into a 147 facet tear drop-shape triolette by Master Diamond Cutter Mike Botha of Canada’s Embee Diamonds on site in Arkansas. Botha is one of the foremost authorities of diamond design, cutting, and polishing in North America, and was the clear choice for Esperanza. He spent 130 hours cutting and polishing the rough into the 4.62 carats, D color, Internally Flawless stone. It was then set by jeweler Ian Douglas in a mount intended to emphasize its unique shape, as one end of the diamond is wider than the other.

Skinner is thrilled to offer the Esperanza in our March 21 Fine Jewelry auction.  We’re all on the edge of our seats in anticipation of what this rare all-American bling might bring.

One thought on “From State Park to National Jewel: The Story of the Esperanza Diamond

  1. Our company (Whiteflash) had the privilege of displaying the Esperanza shortly after it was completed. Not only is it an absolutely one-of-a-kind diamond, the pendant is a stunning piece of wearable art. But what makes it even more spectacular is the amazing story of this all-American treasure. The winning bidder will own a brilliant piece of Americana, a phenomenal piece of natural history, and an object d’art of peerless craftsmanship.

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